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Companies look to sell off assets to pay for AI investments

CIO

But some companies, particularly in the IT sector, now appear to be reevaluating their business models and will consider selling non-core lines of business and products to fund AI projects, says James Brundage, global and Americas technology sector leader at EY, an IT and tax advisory firm.

Capital 488
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EXL orchestrates AI for real business outcomes

CIO

To help enterprises overcome these challenges and achieve positive business outcomes, EXL launched EXLerate.AI, its agentic AI platform. The platform demonstrates EXLs continued innovation and investment in the development of new AI solutions across key functions in insurance, healthcare, banking and capital markets, and other industries.

Business 321
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How to capitalize on ‘Trustworthy AI’

CIO

The business implications are huge. Avoiding pitfalls in AI adoption As business executives evaluate these and other AI-driven tools and technologies, it’s up to IT leaders to help them avoid pitfalls that could alienate customers and employees, or spur lasting damage to corporate reputations if something goes amiss.

Capital 539
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AI dominates Gartner’s 2025 predictions

CIO

Organizations that deploy AI to eliminate middle management human workers will be able to capitalize on reduced labor costs in the short-term and long-term benefits savings,” Gartner stated. “AI By 2029, 10% of global boards will use AI guidance to challenge executive decisions that are material to their business.

Security 508
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Capital Group invests big in talent development

CIO

For financial services company Capital Group, competing in tight IT talent markets is all about the long run. “We That focus includes not only the firm’s customer-facing strategies but also its commitment to investing in the development of its employees, a strategy that is paying off, as evidenced by Capital Group’s No.

Capital 369
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Banks and lenders are still falling short of fully capitalizing on the AI revolution

CIO

Another 38% said they plan to incorporate it into their business within the next 24 months. Leaders find themselves asking: How is this going to change our business? While firms are eager to capitalize on their new technology, how they do so is going to dictate the degree of success they will have.

Banking 419
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Atos calls for help after plan to raise new capital falters

CIO

French IT services company Atos has called on a third-party trustee to help it negotiate debt refinancing with its banks after plans to raise €720 million in new capital through a rights issue fell through. It announced it requested the appointment Monday, promising to give an update on the negotiations in due course.

Capital 370